2023 (7) TMI 1000 - SCH - Income Tax

Deduction u/s 10A Computation - inclusion of provisions written back towards link charges and annual day expenses Foreign Exchange Fluctuation Gain and Foreign Currency Expenditure and Communication Charges - Set off of brought forward losses - HC decided issues in favour of assessee - HELD THAT - This Court is not inclined to interfere with the impugned judgment and order of the High Court. Further there is an inordinate delay of 373 days in filing the instant petition. Accordingly the special leave petition is dismissed on the ground of delay as well as on merits.

Summary

The Supreme Court dismissed the special leave petition due to an inordinate delay of 373 days in filing the petition, and declined to interfere with the impugned judgment and order of the High Court.